POB Token - Bitcoin's Economics with Hive's PoB Mining Technology

A new token named POB was launched on tribaldex.com on February 28th 2021. The whitepaper was posted on https://www.proofofbrain.io/ the same day.

Screen Shot 2021-03-02 at 12.18.10 PM.png

POB is a mix of Bitcoin's tokenomics with Hive's information sharing/mining technology - Proof of Brain or PoB. It's clear that Bitcoin's issuance rate which includes a halvening every 4 years has been a success. POB token mimics Bitcoin's issuance rate including the 50% reduction in mining rewards every 4 years.

Where with Bitcoin you have bitcointalk.org, with POB you have proofofbrain.io. On the site you can see posts that are made by users that can log in with a Hive account and make posts to earn POB.

There are 50 tokens being issued every 10 minutes to users of the web site, which is the same rate at which BTC issuance started. Currently posts and comments get a reward based on the percentage of upvote received by @proofofbrainio. After the first week, the first users of proofofbrain.io will have stake so that they will also have a say in what is rewarded.

There has also been call to action asking for Hive users to post their content on https://www.proofofbrain.io/ to be able to take part in the initial distribution of the token.

It will be interesting to see how a token with Bitcoin's economics and Hive's PoB mining technology will play out. With any luck it could catch on because of the green movement and the attacks on Bitcoin because of the energy intensive mining.

PoB technology provides broader opportunities for people to mine crypto. The model was proven with Steem and the decentralized nature was proven and continued with Hive.

With two proven technologies combined together to give the best of both worlds, we might have a big winner here. Time will tell but you can watch it all unfold from the beginning with these links.

whitepaper
call to action
discord
trade
hive community


Posted via proofofbrain.io

Sort:  

I know PoB was fresh but didn’t know how fresh.

With any luck it could catch on

It’s looking that way!


Posted via proofofbrain.io

definitely interested to see where this one goes

Dang 3,500 POB already lol

Congratulations @richardcrill! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 115000 upvotes.
Your next target is to reach 120000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Support the HiveBuzz project. Vote for our proposal!

It's alive!! ALIVE


Posted via proofofbrain.io

It seems that this tribe will have a big future !


Posted via proofofbrain.io

I didnt realize POB was so new! Really is the best token on Hive engine.


Posted via proofofbrain.io

hey Crill! long time no see, been hanging out in the pob discord and a few others......writing mine and life shattering posts of brainy goodness , lol, c u round' and am glad I found this as was looking for any type of whitepaper.
axey


Posted via proofofbrain.io

POB is growing... 😊


Posted via proofofbrain.io

i love the growth rate it is flowing


Posted via proofofbrain.io

awesome project, its already giving so much joy, thanks alot


Posted via proofofbrain.io